Encyclopedia > Patrimony

  Article Content

Patrimony

1. Property or other legal entitlements inherited from (or through) one's father, especially if it has been handed down through generations in the same family.

2. In civil law systems the sum total of all personal and real entitlements, including movable[?] and immovable[?] property, belonging to a real person[?] or a moral person[?]. Similar to the common law concept of one's estate, though applied differently. All persons have a patrimony. Patrimonies may also exist independent of persons such as the patrimony of affectation, similar but substantially different from the common law trust or the patrimony of a foundation when it is a social trust[?]. See also family patrimony.

This article is a stub. Please if you are knowledgeable you can help improve this article.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Wheatley Heights, New York

... 7.9% who are 65 years of age or older. The median age is 35 years. For every 100 females there are 95.1 males. For every 100 females age 18 and over, there are 89.3 ...

 
 
 
This page was created in 40.2 ms